Thiruvananthapuram is emerging as a promising business hub in Kerala. This growth is driven by improving infrastructure, expanding industrial and service activity, and a supportive startup ecosystem.
Key factors supporting OPC formation in Thiruvananthapuram include:
1. Diverse Economic Base & Expanding Growth Sectors
Thiruvananthapuram has evolved into a multi-sector growth hub:
- The city hosts premier institutions like ISRO’s Vikram Sarabhai Space Centre, Indian Institute of Science Education and Research (IISER), and Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST). This makes it a hub for R&D-based startups.
- Thiruvananthapuram district ranks among Kerala’s top tourism contributors. In 2024, 2.22 crore tourists visited Kerala.
This economic diversity creates opportunities in sectors like IT services, digital solutions, tourism ventures, wellness services, and consultancy. The OPC structure supports such business models with flexible management, scalability, and limited compliance requirements.
2. Policy Support, Startup Momentum & Investment Push
Thiruvananthapuram benefits from strong government initiatives:
- Under the Kerala Startup Mission (KSUM), the state crossed 6,200+ registered startups in 2024, with many based in Thiruvananthapuram.
- Kerala offers multiple incentives for IT, R&D, MSMEs, tourism, and green-tech enterprises, making it easier to start and scale an OPC.
OPCs are compliance-light, flexible, and cost-efficient, making them well-suited for founders who want to leverage Kerala’s incentives.
3. Strong Investment & Economic Momentum Across Kerala
- Between 2021 and 2025, Kerala attracted new investments worth Rs. 70,916 crore across sectors such as IT, tourism, MSMEs, green energy, and manufacturing.
- Entrepreneurs are setting up thousands of MSMEs and startups across the state, creating a diverse ecosystem of small and medium enterprises. This drives demand for allied services in logistics, trade, exports, supply chain, and more.
Thiruvananthapuram’s economy, growing MSMEs, and strong infrastructure make OPC registration ideal for solo entrepreneurs. It offers a secure and growth-friendly business setup.